CLAIM POST RESOURCES INC. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Jul 3, 2013

TORONTO, ONTARIO–(Marketwire – July 3rd, 2013) – Claim Post Resources Inc. (TSX
VENTURE: CPS) (the “Company”) is pleased to announce that it intends to complete a new nonbrokered private placement offering (the “Offering”) of up 24,000,000 common shares (the “Common Shares”) at a price of $0.05 per Common Share for a gross proceeds of up to $1,200,000.

The proceeds received from the Offering will be used (1) to carry out a minimum 1,000 meter drilling program towards completing a resource estimation of the “Seymourville Frac Sand Project” in accordance with NI 43-101 rules; (2) to complete a scoping study on the project (Preliminary Economic Assessment); which will give Claim Post the ability to test market forward selling frac sand and (3) for general working capital purposes.

All Shares issued will be subject to a four (4) month hold period from the date of closing. The Offering is subject to the approval of the TSX Venture Exchange.

At closing of the Offering finder fees of 7% of the proceeds may be payable in cash, and 7% finder warrants which are exercisable at the price of $0.10 per share and expiring 36 months from the date of closing of the Offering.

The main driver for the very rapid, steadily increasing demand of frac sand is the United States focus on becoming self-sufficient in energy (6 million barrels new oil per day) by the year 2020 plus the reduction of green house gases.

The demand has been generated by the technology breakthrough of horizontal drilling combined with multiple fracking. President Obama’s climate plan will accelerate natural gas(NG) usage as well. NG is targeted to replace coal (50% less CO2 and no mercury) in electrical power generating plants plus there is now the drive to covert trains and highway trucks from diesel to NG.

Natural sand is the least expensive proppant used in fracking. The demand for natural frac sand continues to grow and is now 90% of the market. The US mined and processed 31 million tons of frac sand in 2012 to produce about 2 million barrels of new shale oil. (USGS and 2nd annual Frac Sand Conference Houston and Hart Energy Graph DUG Conference Calgary 2013) The 2020 target of energy self sufficiency requires about 6 million barrels of new oil per day (DUG Conference Calgary 2013) thus requiring 3 times the amount of frac sand or ~ 90 million tons. The demand for NG continues to grow thus frac sand demand could even be higher by 2020.

The Canadian frac sand market is growing at the same rate. Saskatchewan and Alberta added 200,000 barrels of new light and medium crude oil per day in 2012 requiring about 2.8 million tonnes of frac sand.

http://www.claimpostresources.com/releases.html